Silver Scott Pink Sheet Forecast - Naive Prediction
| SILS Stock | USD 0.07 0 4.57% |
The Naive Prediction forecasted value of Silver Scott Mines on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.60. Silver Pink Sheet Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Silver Scott's share price is below 20 . This usually implies that the pink sheet is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Silver Scott hype-based prediction, you can estimate the value of Silver Scott Mines from the perspective of Silver Scott response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Silver Scott Mines on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01 and the sum of the absolute errors of 0.60. Silver Scott after-hype prediction price | USD 0.07 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Silver |
Silver Scott Additional Predictive Modules
Most predictive techniques to examine Silver price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Silver using various technical indicators. When you analyze Silver charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Silver Scott Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Silver Scott Mines on the next trading day is expected to be 0.07 with a mean absolute deviation of 0.01, mean absolute percentage error of 0.0001, and the sum of the absolute errors of 0.60.Please note that although there have been many attempts to predict Silver Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Silver Scott's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Silver Scott Pink Sheet Forecast Pattern
| Backtest Silver Scott | Silver Scott Price Prediction | Buy or Sell Advice |
Silver Scott Forecasted Value
In the context of forecasting Silver Scott's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Silver Scott's downside and upside margins for the forecasting period are 0.0007 and 15.86, respectively. We have considered Silver Scott's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Silver Scott pink sheet data series using in forecasting. Note that when a statistical model is used to represent Silver Scott pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 110.9837 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0097 |
| MAPE | Mean absolute percentage error | 0.1238 |
| SAE | Sum of the absolute errors | 0.6007 |
Predictive Modules for Silver Scott
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Silver Scott Mines. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Silver Scott After-Hype Price Prediction Density Analysis
As far as predicting the price of Silver Scott at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Silver Scott or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Silver Scott, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Silver Scott Estimiated After-Hype Price Volatility
In the context of predicting Silver Scott's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Silver Scott's historical news coverage. Silver Scott's after-hype downside and upside margins for the prediction period are 0.00 and 15.85, respectively. We have considered Silver Scott's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Silver Scott is out of control at this time. Analysis and calculation of next after-hype price of Silver Scott Mines is based on 3 months time horizon.
Silver Scott Pink Sheet Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Silver Scott is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Silver Scott backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Silver Scott, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.81 | 15.78 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Within a week |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.07 | 0.07 | 4.37 |
|
Silver Scott Hype Timeline
Silver Scott Mines is at this time traded for 0.07. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Silver is expected to decline in value after the next headline, with the price expected to drop to 0.07. The average volatility of media hype impact on the company price is insignificant. The price decrease on the next news is expected to be -4.37%, whereas the daily expected return is at this time at 0.81%. The volatility of related hype on Silver Scott is about 0.0%, with the expected price after the next announcement by competition of 0.07. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next expected press release will be within a week. Check out Historical Fundamental Analysis of Silver Scott to cross-verify your projections.Silver Scott Related Hype Analysis
Having access to credible news sources related to Silver Scott's direct competition is more important than ever and may enhance your ability to predict Silver Scott's future price movements. Getting to know how Silver Scott's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Silver Scott may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| LECRF | Leocor Gold | 0.00 | 0 per month | 8.86 | 0.10 | 22.48 | (18.25) | 70.69 | |
| AUMN | Golden Minerals | 0.00 | 0 per month | 0.00 | (0.08) | 12.00 | (11.90) | 42.40 | |
| SWLFF | Silver Wolf Exploration | 0.00 | 0 per month | 6.22 | 0.08 | 16.77 | (10.91) | 55.86 | |
| OGGNF | Origen Resources | 0.00 | 0 per month | 0.00 | 0.13 | 0.60 | 0.00 | 182.49 | |
| MSLVF | Mantaro Silver Corp | 0.00 | 0 per month | 5.81 | 0.16 | 16.94 | (10.52) | 78.99 | |
| NBRI | North Bay Resources | 0.00 | 0 per month | 13.42 | 0.03 | 25.00 | (22.22) | 76.19 | |
| GGLXF | GGL Resources Corp | 0.00 | 0 per month | 0.00 | 0.09 | 0.00 | 0.00 | 19.87 | |
| GNYPF | Masivo Silver Corp | 0.00 | 0 per month | 8.81 | 0.02 | 23.83 | (16.27) | 94.83 | |
| CHKKF | Chakana Copper Corp | 0.00 | 0 per month | 0.00 | (0.07) | 10.00 | (13.33) | 42.00 | |
| CFTN | Clifton Mining Co | 0.00 | 0 per month | 6.25 | 0.13 | 21.43 | (13.33) | 43.33 |
Other Forecasting Options for Silver Scott
For every potential investor in Silver, whether a beginner or expert, Silver Scott's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Silver Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Silver. Basic forecasting techniques help filter out the noise by identifying Silver Scott's price trends.Silver Scott Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Silver Scott pink sheet to make a market-neutral strategy. Peer analysis of Silver Scott could also be used in its relative valuation, which is a method of valuing Silver Scott by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Silver Scott Market Strength Events
Market strength indicators help investors to evaluate how Silver Scott pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silver Scott shares will generate the highest return on investment. By undertsting and applying Silver Scott pink sheet market strength indicators, traders can identify Silver Scott Mines entry and exit signals to maximize returns.
| Accumulation Distribution | 7036.07 | |||
| Daily Balance Of Power | 0.5424 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 0.0749 | |||
| Day Typical Price | 0.0744 | |||
| Price Action Indicator | (0.0001) | |||
| Period Momentum Indicator | 0.0032 |
Silver Scott Risk Indicators
The analysis of Silver Scott's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Silver Scott's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting silver pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 8.85 | |||
| Semi Deviation | 11.05 | |||
| Standard Deviation | 15.28 | |||
| Variance | 233.58 | |||
| Downside Variance | 345.96 | |||
| Semi Variance | 122.06 | |||
| Expected Short fall | (17.64) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Silver Scott
The number of cover stories for Silver Scott depends on current market conditions and Silver Scott's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Silver Scott is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Silver Scott's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Other Macroaxis Stories
Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios
Story Categories
Currently Trending Categories
Additional Tools for Silver Pink Sheet Analysis
When running Silver Scott's price analysis, check to measure Silver Scott's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Silver Scott is operating at the current time. Most of Silver Scott's value examination focuses on studying past and present price action to predict the probability of Silver Scott's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Scott's price. Additionally, you may evaluate how the addition of Silver Scott to your portfolios can decrease your overall portfolio volatility.